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ING puts about $500 million of data-center loans up for sale

FinanceInternationalReutersAI summary
Image: Reuters

Dutch bank ING put a portfolio of data-center loans worth about $500 million up for sale in a single transaction, according to Bloomberg News. The portfolio includes debt linked to operators such as Vantage Data Centers and CyrusOne, with bids due on November 19 for at least $10 million. ING is seeking bids for a dozen loans through a competitive auction process and declined to comment to Reuters.

In 30 seconds

  • ING is selling a data-center loan portfolio of about $500 million in a single transaction
  • The portfolio includes debt linked to Vantage Data Centers and CyrusOne
  • Bids are due on November 19, for at least $10 million
Read the full story at Reuters

IASummary generated by artificial intelligence from a story by Reuters. It may contain errors: the original source prevails.

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